- China New Credit Rebounds Sharply On Surge In New Mortgage Loans
With China’s economic data on a relentless downslope for the past several months, there was a sliver of hope this morning when the PBOC reported the latest credit data which came in stronger than consensus expected after a dismal July, as seasonal patterns and policy easing likely contributed to the rebound of credit growth in […]
- Biden “Punishes Responsibility” As New Mortgage Equity Program Begins
Starting today, the Federal Housing Finance Agency’s mortgage pricing adjustments will increase fees for borrowers with high credit scores while reducing costs for those with subpar credit scores. This upside-down policy is blatantly socialism, and one can’t help but wonder if anyone in the Biden administration learned anything from the subprime mortgage meltdown that occurred […]
- Loan Demand For Mortgage Loans Crashes To Depression Levels
In all the chaos over the past few days, we missed the release of the Fed’s latest Senior Loan Officer Survey which came out Monday. The results were striking: as one would expect from an economy in recession (and in some cases, depression), in nearly all categories, banks are reporting both tighter lending standards and […]
- Beijing Cracks: Mortgage Boycott Prompts China To Launch Multi-Billion Property Rescue Fund
With Chinese property sentiment sinking from bad to worse amid the growing mortgage boycott – which for now remains contained affecting about 1%-2% of China’s $5.8 trillion in mortgages. but spreading rapidly – and Goldman observing over the weekend that over 70% of Chinese property junk bonds (as there are virtually no investment grade bonds […]
- Treasury Yields Soar To 16 Year High As 30Y Mortgage Rates Near 21st Century High
The selloff in the bond-market resumed with a vengeance on Monday, pushing 10-year yields to a 16-year high, as traders dumped duration ahead of Friday’s Jackson Hole meeting where concerns are rising that – in a repeat of last year’s shock and awe – Powell may warn more work needs to be done to contain […]
- Is Biden’s Credit Score Screw Job On Mortgage Pricing Even Legal?
Authored by Mike Shedlock via MIshTalk.com, Previously, I wrote about new rules on mortgage rates in which the better your credit score, the higher your effective interest rates. This is an update… New Rule: The Better Your Credit Score the Higher Your Mortgage Rate Please consider New Rule: The Better Your Credit Score the Higher Your […]
- ‘Flippers’ F**ked As Mortgage Rates More Than Double In 10 Months
Authored by Mike Shedlock via MishTalk.com, Home flippers are under increased stress as prices decline and transaction volume plummets… Mortgage rate chart courtesy of Mortgage News Daily, annotations by Mish. Death of Deals Puts Stress on Flippers Since the beginning of the year, mortgage rates have gone from 3.35 percent to 7.30 percent. Prices have […]
- Biden Administration’s New Mortgage Policy: Unjust And Dangerous
Authored by Andy Matthews via RealClear Wire, One of the essential lessons most of us are taught early in life is the importance of developing a sense of financial responsibility. Work hard to earn a good paycheck. Don’t spend more than you can afford. Save for the future. Eventually, following these steps will land you […]
- How The Fed’s 2008 Mortgage Experiment Fueled Today’s Housing Crisis
Authored by Alex Pollock abd Paul Kupiec via The Mises Institute, How should Congress assess the Federal Reserve’s track record as an investor in residential mortgage-backed securities (MBS)? Regardless of Fed spin, it merits a failing grade. The Fed’s COVID-era intervention in the mortgage markets fueled the second real estate bubble of the 21st century. […]
- “This Is The Sharpest Turn In The Housing Market Since The 2008 Crash” As Mortgage Rates Soar Above 6%
And the hits just keep on coming for the US housing sector. Three months after hitting the highest level in 14 years, on Thursday mortgage rates hit a fresh post-financial crisis high when they topped 6%, a jolt to home buyers who last year were paying less than half that. The latest mortgage lender survey […]
Latest Hacked Sites
- ApexSMS - 23,246,481 breached accounts September 21, 2023In May 2019, news broke of a massive SMS spam operation known as "ApexSMS" which was discovered after a MongoDB instance of the same name was found exposed without a password. The incident leaked over 80M records with 23M unique email addresses alongside names, phone numbers and carriers, geographic locations (state and country), genders and […]
- dBforums - 363,468 breached accounts September 20, 2023In July 2016, a data breach of the now defunct database forum "dBforums" appeared for sale alongside several others hacked from the parent company, Penton. The breach of the vBulletin based forum contained 363k unique email addresses alongside usernames, IP addresses, dates of birth and salted MD5 password hashes.
- MalindoAir - 4,328,232 breached accounts September 14, 2023In early 2019, the Malaysian airline Malindo Air suffered a data breach that exposed tens of millions of customer records. Containing 4.3M unique email addresses, the breach also exposed extensive personal information including names, dates of birth, genders, physical addresses, phone numbers and passport details. The data was later extensively shared on popular hacking forums.
- Viva Air - 932,232 breached accounts September 11, 2023In March 2022, the now defunct Columbian airline Viva Air suffered a data breach and subsequent ransomware attack. Among a trove of other ransomed data, the incident exposed a log of 2.6M transactions with 932k unique email addresses, physical and IP addresses, names, phone numbers and partial credit card data (last 4 digits).
- Dymocks - 836,120 breached accounts September 8, 2023In September 2023, the Australian book retailer Dymocks announced a data breach. The data dated back to June 2023 and contained 1.2M records with 836k unique email addresses. The breach also exposed names, dates of birth, genders, phone numbers and physical addresses.
- Phished Data via CERT Poland - 67,943 breached accounts August 31, 2023In August 2023, CERT Poland observed a phishing campaign that collected credentials from 68k victims. The campaign collected email addresses and passwords via a phishing email masquerading as a purchase order confirmation. CERT Poland identified a further 202 other phishing campaigns operating on the same C2 server, which has now been dismantled.
- Pampling - 383,468 breached accounts August 31, 2023In January 2020, the online clothing retailer Pampling suffered a data breach that exposed 383k unique customer email addresses. The data was later shared on a popular hacking forum and also included names, usernames and unsalted MD5 password hashes.
- PlayCyberGames - 3,681,753 breached accounts August 31, 2023In August 2023, PlayCyberGames which "allows users to play any games with LAN function or games using IP address" suffered a data breach which exposed 3.7M customer records. The data included email addresses, usernames and MD5 password hashes with a constant value in the "salt" field. PlayCyberGames did not respond to multiple attempts to disclose […]
- SevenRooms - 1,205,385 breached accounts August 24, 2023In December 2022, over 400GB of data belonging to restaurant customer management platform SevenRooms was posted for sale to a popular hacking forum. The data included 1.2M unique email addresses alongside names and purchases. SevenRooms advised that the breach was due to unauthorised access of "a file transfer interface of a third-party vendor".
- Duolingo - 2,676,696 breached accounts August 23, 2023In August 2023, 2.6M records of data scraped from Duolingo were broadly distributed on a popular hacking forum. Obtained by enumerating a vulnerable API, the data had earlier appeared for sale in January 2023 and contained email addresses, names, the languages being learned, XP (experience points), and other data related to learning progress on Duolingo. […]
NY Times
- Inside the Tent Camp Housing Thousands of Migrant Children – ‘No Place for a Child’
Migrant children and families are sleeping shoulder to shoulder on mats in a Texas border facility designed for 250 people that is now holding more than 4,100, according to some of the first photographs to emerge from the crowded camp that has become a focal point of the Biden administration’s struggles to absorb thousands of […]
- Atl Suspect’s Fixation on Sex Is Familiar Thorn for Evangelicals
“Sex addiction” is not an established psychiatric diagnosis, and there is a debate in the mental health community about how to define and treat compulsive sexual behavior. “There’s no evidence-based treatment for sex addiction,” said Joshua Grubbs, an assistant professor of psychology at Bowling Green State University and a clinical psychologist. Evangelical sex addiction treatment […]
- Tom Cotton Mocks Social Justice Warriors at New York Times in CPAC Speech
Sen. Tom Cotton (R-AR) on Friday mocked “social justice warriors” at the New York Times and their “meltdown” this summer over his op-ed in the paper calling for troops to restore order during the rioting at the time. Speaking on the first day of the Conservative Political Action Committee (CPAC) in Orlando, Florida, Cotton recalled how hundreds […]
- Congress Clears 2-Day Spending Extension to Finalize Stimulus Deal
Negotiators worked into Friday night to put the finishing touches on key details of the stimulus compromise, continuing negotiations on how long unemployment benefits should last, how to distribute federal relief for small businesses and the extension of a federal eviction moratorium. The plan was expected to revive the Paycheck Protection Program, a loan program […]
- SACRAMENTO Unemployment Scam Using Inmates Names Costing California Hundreds of Millions
SACRAMENTO — A rash of fraudulent pandemic unemployment claims filed under the names of jail and prison inmates, including more than 100 on death row, has bilked California out of hundreds of millions of dollars, a law enforcement task force said Tuesday. In a letter to Gov. Gavin Newsom, the task force, led by district […]
- Politics, Science and the Remarkable Race for a Corona Vaccine
WASHINGTON — The call was tense, the message discouraging. Moncef Slaoui, the head of the Trump administration’s effort to quickly produce a vaccine for the coronavirus, was on the phone at 6 p.m. on Aug. 25 to tell the upstart biotech firm Moderna that it had to slow the final stage of testing its vaccine […]
- Newsom Do as I Say, Not as I Dine Coronavirus Message
SAN FRANCISCO — It was an intimate meal in a wood-paneled, private dining room in one of California’s most exclusive restaurants. No one around the table wore masks, not the lobbyists, not even the governor. [Sign up for California Today, our daily newsletter from the Golden State.] Photos that surfaced this week of a dinner […]
Washington Post
- Nolte: Washington Post Won’t Return Fake Pulitzer, ‘Stands By’ Russia Reporting
Both the far-left New York Times and Washington Post refuse to return Pulitzers for spreading the lie former President Trump colluded with Russia to win the 2016 presidential election. Would Hitler return a fake Pulitzer? Now that the Monday release of the Durham Report has debunked every facet of the Russia Collusion allegation and proved […]
- Donald Trump Shreds ‘Fake News Media’ in Series of Videos: ‘Not Reporting with Credibility Has Its Consequences’
Former President Donald Trump shredded the New York Times, the Washington Post, CNN, and MSNBC as “fake news media” in a series of videos shared to his Truth Social account and his campaign’s war room Twitter account on Wednesday. “The fake news media like CNN, MSDNC – which is sometimes referred to as MSNBC –the […]
- Media Ignore Physical Attack on Republican Gen. Don Bolduc
The establishment media have ignored the physical attack against Republican New Hampshire candidate Gen. Don Bolduc. The three top establishment newspapers, the New York Times, Washington Post, and Los Angeles Times, all failed to report the physical attack on Gen. Bolduc that occurred moments before Wednesday’s debate with Democrat Maggie Hassan (D-NH). The media’s decision […]
- Sex Offender Thanks Ketanji Brown Jackson for Three-Month Prison Sentence: ‘She Knew This Was Going to Hold Me Back … So She Didn’t Really Want to Add on to That’
The registered sex offender who was given three months in prison by Judge Ketanji Brown Jackson, nominated for the Supreme Court by President Joe Biden, is speaking out and seemingly thanking the judge for her lenient sentence in his case. In 2013, Jackson sentenced then-19-year-old Wesley Hawkins to three months in prison, three months of […]
- 15 Media Personalities Claimed Hunter’s Laptop Emails Were Likely Russian Propaganda Before New York Times Admitted
Fifteen establishment media personalities claimed Hunter Biden’s laptop emails were likely Russian propaganda before the New York Times admitted it Wednesday. After nearly two years of dismissing Hunter’s tantalizing emails uncovered before the 2020 presidential election, the Times admitted the laptop was authentic, in direct contradiction of many in the Democrat-allied media. The media personalities seemingly went […]
- Covington Teen Nicholas Sandmann Settles $275 Million Defamation Lawsuit with NBC
Covington Catholic High School student Nicholas Sandmann announced Friday that he settled a $275 million defamation lawsuit against NBC. Neither party publicized the terms of the settlement. However, Sandmann asked for $275 million in damages in his lawsuit against NBC Universal and MSNBC. “At this time I would like to release that NBC and I […]
- Washington Post Columnist Calls on CNN to Correct Its Dossier Reporting — After WaPo Corrects Its Own
A Washington Post columnist criticized CNN for not correcting its reporting that the dossier put together by Fusion GPS and ex-British spy Christopher Steele — which claimed the Trump campaign was colluding with Russia — was “corroborated.” The paper’s media critic, Erik Wemple, wrote Friday that CNN hosts and reporters had long-claimed the Steele dossier had […]
